ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Upfront: Recession-like rate shock, Chalmers eyes cuts, David Jones brinkmanship.
By Staff Writers in Media News on Wednesday, 04th November 2026 at 5:55am
Maalai Murasu TV chief anchor Bharathkumar passes away at 48
By Staff Writer in Media News on Tuesday, 03rd November 2026 at 6:30pmAnd the Press Freedom ‘Razzie’ goes to… OpIndia and Adani Group again
By Meena R. Prashant in Media News on Tuesday, 03rd November 2026 at 4:50pm
Former Seven Network coordinator joins That's Life
By Will McLennan in Media News on Wednesday, 04th November 2026 at 7:30am
INSIDER: GCCs must move beyond headcount and office launches to build reputation
By Pragadish Kirubakaran in Media News on Tuesday, 03rd November 2026 at 4:07pm
TODAY’S TEN: 94,000-crore Mahadev betting scandal under probe, 53,866-crore warship contracts signed
By Staff Writer in Media News on Tuesday, 03rd November 2026 at 3:51pm
Media news latest
Marcoms news latest